People familiar with the matter revealed that Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner and manages a scale of 24 billion US dollars, is closing multiple transactions one after another and is busy raising funds after AI concept stocks fell sharply and bets on shorting software stocks failed. People familiar with the matter said that in recent weeks, Situational Awareness has suffered significant losses. Its AI infrastructure investment shares declined, while its short positions against software companies such as Adobe lost large amounts. It is currently uncertain whether the fund will meet the additional margin requirements through a negotiated sale of assets, or whether it has begun a wider liquidation of the entire investment portfolio. People familiar with the matter also said that the fund is also trying to raise liquidity by selling shares in unlisted companies, including its Anthropic holdings. The exact size of Anthropic's shares to be sold by the fund is unclear, but people familiar with the transaction process said that potential buyers have indicated their intention to acquire some or all of the shares.

People familiar with the matter revealed that Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner and manages a scale of 24 billion US dollars, is closing multiple transactions one after another and is busy raising funds after AI concept stocks fell sharply and bets on shorting software stocks failed. People familiar with the matter said that in recent weeks, Situational Awareness has suffered significant losses. Its AI infrastructure investment shares declined, while its short positions against software companies such as Adobe lost large amounts. It is currently uncertain whether the fund will meet the additional margin requirements through a negotiated sale of assets, or whether it has begun a wider liquidation of the entire investment portfolio. People familiar with the matter also said that the fund is also trying to raise liquidity by selling shares in unlisted companies, including its Anthropic holdings. The exact size of Anthropic's shares to be sold by the fund is unclear, but people familiar with the transaction process said that potential buyers have indicated their intention to acquire some or all of the shares.